You are on the team charged with business continuity and disaster recovery. Your role in the team is to focus on disaster recovery for the accounting system and financial data. At the first meeting, you learn that the remote backup site is located in Boca Raton, Florida. Prepare your notes for the next meeting to address the advisability of that location for a remote backup.
Answer to relevant QuestionsOne of your responsibilities as a staff accountant is to prepare and transmit your company’s XBRL financial statements to the Securities and Exchange Commission (SEC). What cyber security measures would you implement to ...Discuss how enterprise risk management, internal control, and IT controls are related.Discuss the benefits of a global spreadsheet identification system.Explain the two aspects of risk assessment. What are pertinent questions in assessing each? Refer to the chapter opener, Meet ABC Methodology. In your opinion, why is this approach to developing accounting systems commonly found in practice today?
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